Learn Why We Use Flinks
We know why you’re here. You need a business loan, and you’re looking for the best lending company.
Lendified has helped thousands of business owners in quickly gaining capital for hiring staff, relocating their offices, renovating their workplace, and much more! However, we’ve had clients call and message us about the application process because they’re uneasy about downloading their bank statements through a third party system.
Lendified is here to explain why we use a third party system called Flinks.
What Is Flinks?
Financial institutions have evolved to include online services, such as apps. However, there needs to be an application programming interface (API) that sends your data from the app to your bank account. This is where Flinks comes in. They provide the API.
Flinks is a data company, and they enable the transfer of your data to the financial institution, whether it’s your bank or a mortgage broker. Flinks’ API performs a litany of tasks, including:
- Verifying banking information
- Providing transaction history of the past 12 months
- Maintaining light-speed processing
With data comes great responsibility, namely security. Flinks is dedicated to the protection of your personal information. They value transparency, so both the financial institution and end-users like you have peace of mind.
Why Is Lendifed Using Flinks?
Simply put, we value our customers. We want them to know that they are choosing a lending company that prioritizes their interests and keeps their information secure.
Security consists of regular maintenance, and Flinks wholeheartedly embraces it! Flinks uses the latest security practices in its policies, storage, communication, and governance. They keep their lines of defence around your data healthy by routinely conducting internal control audits and updating their alert and escalation system. The Flinks 24/7 response team is always in the know of how to deal with a myriad of situations. In order to meet compliance standards, Flinks has external and independent auditors run Service Organization Control (SOC) 2 Type 1 and Type 2 tests to measure the quality of security, privacy, confidentiality, and other elements implemented in the company. The results are in, and Flinks meets the highest security standards required by SaaS companies. But not to worry, they will continue to do all that they can to keep their high rank in security practices.
Flinks is a reputable company that was nominated by the Canadian Lenders Association as one of the Top 25 Leaders in Lending. Lendified also earned that same nomination, making our partnership a natural one.
Apply for a Lendified Loan with Confidence
Small business owners no longer have to go to the bank for a loan. They have the privilege of doing it anywhere and on various electronic devices.
Lendified business loans make your professional goals a reality. Hire the top talent you need, renovate your space to accommodate a larger clientele, branch out in your advertising; the possibilities are endless!
When you apply for a loan through Lendified, you’re getting a fantastic 2-for-1 deal. Flinks and Lendified take care of your data with encryption, locks, passwords, the whole shebang! For more information about Flinks, visit their website, or call us at 1-844-451-3594.
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About the Author
Lendified is Canada's premier online lender for small businesses. The company was founded by former bank executives dedicated to provide businesses with fast, easy, and affordable financing. The Lendified team regularly produces blogs and guides to help small business owners succeed.